What is Lloyds refunding?

What is Lloyds refunding?

Affected customers will get back any fees they paid for dipping into both arranged and unarranged overdrafts between October 1, 2011 and October 1, 2017, plus 8 per cent interest on top. Lloyds says affected customers don’t need to do anything, and it will also trace customers who have since left the bank.

Does working from home increase your house insurance?

The short answer to this, is yes. In normal circumstances, if you work from home your home insurance will be affected. A standard home insurance policy will typically not provide sufficient cover if you work from home. Particularly if you run your own business.

What is replacement of sets cover?

Buildings insurance – Replacement of sets cover is only available with Home Insurance Ultimate. Where there is a valid claim, this covers the changing or replacement of any associated undamaged items that form part of a matching set or suite that is lost or damaged where a reasonable match cannot be obtained.

Why are Lloyds refunding customers?

The CMA announced that it had secured refunds from the bank after its latest legal breaches in the ongoing PPI scandal. Lloyds Banking Group will be required to refund customers due to violation of rules on communicating with PPI customers, the UK’s Competition and Markets Authority (CMA) announced on Wednesday.

Do I need to tell my insurance company that I am working from home?

During the pandemic, if you are carrying out office work from home, you don’t need to arrange a new policy or tell your insurance company as it is included in your policy.

Does working from home affect council tax?

In addition to home office costs such as stationery or phone and internet bills, the work from home costs typically include a proportion of costs of the home office such as gas, electricity, council tax, mortgage interest and business rates. Home office equipment may also be deducted as capital expenses.

Does homeowners cover damp?

Most buildings and contents home insurance policies won’t cover you for damage caused by damp and condensation. If your home does have rising damp, then it’s not in good condition. Failure to tell your insurer could put you at risk of invalidating your insurance.

Which Lloyds Bank current account is best for travellers?

Ideal for travellers, the Lloyds Bank Platinum Current Account offers great features such as Worldwide travel insurance, Mobile Phone Insurance and Breakdown Cover. Monthly fee applies. If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us.

How much does Lloyds gold cost?

A spokesperson for Lloyds said: “To ensure that we can continue to offer good value for money to all customers for the benefits they receive, everyone will pay the same amount for packaged account benefits from September.” The Gold account, which closed to new customers in 2013, will now cost £14.95 per month for all existing customers.

How do I contact Lloyds Gold Membership Services?

Please note contact in relation to this service can only be made by the account holder. We recommend you register your cards with Card Loss Assistance. Call Gold Membership Services on 0345 850 5056. You can withdraw up to £500 a day from a Lloyds Bank Cashpoint or other cash machines.

How much is Lloyds platinum insurance per month?

Holders of Lloyds Gold, Platinum and Premier packaged bank accounts who have benefited from the account’s insurance perks for free will face monthly charges for the first time from October, the bank has announced. The fee, of between £15 and £28 per month, will be taken automatically for some customers, who have until 1 September to opt out.